H-P's Hackborn to Step Down From Board

CEO Hurd Earned $42.5 million in '08

Mr. Hackborn, 71 years old, was an H-P employee for more than 30 years and helped build the company's lucrative printer business before becoming a director in 1992. He was the sole former H-P executive on the board. An H-P spokeswoman said it was Mr. Hackborn's "personal decision to retire."